CASEY'S GENERAL STORES INC (CASY) Stock Fundamental Analysis
USA - NASDAQ:CASY - US1475281036 - Common Stock
538.19 USD
+1.53 (+0.29%)
539 USD
+0.81 (+0.15%)
CASY gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 39 industry peers in the Consumer Staples Distribution & Retail industry. While CASY belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. While showing a medium growth rate, CASY is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
CASY had positive earnings in the past year.
CASY had a positive operating cash flow in the past year.
Each year in the past 5 years CASY has been profitable.
Each year in the past 5 years CASY had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 6.95%, CASY is in the better half of the industry, outperforming 79.49% of the companies in the same industry.
CASY has a better Return On Equity (15.98%) than 69.23% of its industry peers.
CASY has a better Return On Invested Capital (9.19%) than 74.36% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CASY is in line with the industry average of 8.72%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.95% | ||
| ROE | 15.98% | ||
| ROIC | 9.19% |
ROA(3y)7.36%
ROA(5y)7.06%
ROE(3y)16.34%
ROE(5y)16.08%
ROIC(3y)9.59%
ROIC(5y)9.24%
1.3 Margins
CASY has a Profit Margin of 3.54%. This is amongst the best in the industry. CASY outperforms 84.62% of its industry peers.
CASY's Profit Margin has improved in the last couple of years.
CASY has a Operating Margin of 5.29%. This is amongst the best in the industry. CASY outperforms 87.18% of its industry peers.
CASY's Operating Margin has improved in the last couple of years.
CASY's Gross Margin of 23.82% is in line compared to the rest of the industry. CASY outperforms 48.72% of its industry peers.
In the last couple of years the Gross Margin of CASY has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.29% | ||
| PM (TTM) | 3.54% | ||
| GM | 23.82% |
OM growth 3Y10.42%
OM growth 5Y3.74%
PM growth 3Y9.31%
PM growth 5Y3.57%
GM growth 3Y3.34%
GM growth 5Y0.14%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CASY is still creating some value.
Compared to 1 year ago, CASY has more shares outstanding
The number of shares outstanding for CASY has been increased compared to 5 years ago.
The debt/assets ratio for CASY is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 5.45 indicates that CASY is not in any danger for bankruptcy at the moment.
CASY's Altman-Z score of 5.45 is amongst the best of the industry. CASY outperforms 82.05% of its industry peers.
CASY has a debt to FCF ratio of 3.71. This is a good value and a sign of high solvency as CASY would need 3.71 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.71, CASY is in the better half of the industry, outperforming 61.54% of the companies in the same industry.
CASY has a Debt/Equity ratio of 0.65. This is a neutral value indicating CASY is somewhat dependend on debt financing.
CASY has a Debt to Equity ratio (0.65) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 3.71 | ||
| Altman-Z | 5.45 |
ROIC/WACC1.12
WACC8.23%
2.3 Liquidity
A Current Ratio of 1.03 indicates that CASY should not have too much problems paying its short term obligations.
With a Current ratio value of 1.03, CASY is not doing good in the industry: 64.10% of the companies in the same industry are doing better.
CASY has a Quick Ratio of 1.03. This is a bad value and indicates that CASY is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.61, CASY perfoms like the industry average, outperforming 56.41% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.03 | ||
| Quick Ratio | 0.61 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 13.39% over the past year.
The Earnings Per Share has been growing by 15.57% on average over the past years. This is quite good.
CASY shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.74%.
CASY shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.68% yearly.
EPS 1Y (TTM)13.39%
EPS 3Y17.22%
EPS 5Y15.57%
EPS Q2Q%19.46%
Revenue 1Y (TTM)8.74%
Revenue growth 3Y7.16%
Revenue growth 5Y11.68%
Sales Q2Q%11.45%
3.2 Future
Based on estimates for the next years, CASY will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.13% on average per year.
The Revenue is expected to grow by 4.72% on average over the next years.
EPS Next Y14.55%
EPS Next 2Y12.93%
EPS Next 3Y13.42%
EPS Next 5Y15.13%
Revenue Next Year9.34%
Revenue Next 2Y7.66%
Revenue Next 3Y6.57%
Revenue Next 5Y4.72%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
CASY is valuated quite expensively with a Price/Earnings ratio of 34.54.
Based on the Price/Earnings ratio, CASY is valued a bit more expensive than 61.54% of the companies in the same industry.
CASY is valuated rather expensively when we compare the Price/Earnings ratio to 25.89, which is the current average of the S&P500 Index.
CASY is valuated quite expensively with a Price/Forward Earnings ratio of 28.82.
CASY's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 34.59. CASY is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.54 | ||
| Fwd PE | 28.82 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CASY is valued a bit more expensive than 61.54% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CASY is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.04 | ||
| EV/EBITDA | 17.08 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of CASY may justify a higher PE ratio.
CASY's earnings are expected to grow with 13.42% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.37
PEG (5Y)2.22
EPS Next 2Y12.93%
EPS Next 3Y13.42%
5. Dividend
5.1 Amount
CASY has a yearly dividend return of 0.44%, which is pretty low.
Compared to an average industry Dividend Yield of 2.01, CASY pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.36, CASY's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.44% |
5.2 History
The dividend of CASY is nicely growing with an annual growth rate of 9.28%!
CASY has paid a dividend for at least 10 years, which is a reliable track record.
CASY has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)9.28%
Div Incr Years25
Div Non Decr Years34
5.3 Sustainability
CASY pays out 12.95% of its income as dividend. This is a sustainable payout ratio.
The dividend of CASY is growing, but earnings are growing more, so the dividend growth is sustainable.
DP12.95%
EPS Next 2Y12.93%
EPS Next 3Y13.42%
538.19
+1.53 (+0.29%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)
Earnings (Next)
Inst Owners91.06%
Inst Owner Change-2.37%
Ins Owners0.53%
Ins Owner Change3.87%
Market Cap20.01B
Revenue(TTM)16.41B
Net Income(TTM)581.68M
Analysts82.86
Price Target585.42 (8.78%)
Short Float %1.76%
Short Ratio1.93
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.44% |
Yearly Dividend1.95
Dividend Growth(5Y)9.28%
DP12.95%
Div Incr Years25
Div Non Decr Years34
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)22.49%
Min EPS beat(2)12.74%
Max EPS beat(2)32.23%
EPS beat(4)4
Avg EPS beat(4)17.39%
Min EPS beat(4)10.74%
Max EPS beat(4)32.23%
EPS beat(8)8
Avg EPS beat(8)15.46%
EPS beat(12)11
Avg EPS beat(12)14.53%
EPS beat(16)13
Avg EPS beat(16)11.55%
Revenue beat(2)1
Avg Revenue beat(2)0.01%
Min Revenue beat(2)-0.36%
Max Revenue beat(2)0.38%
Revenue beat(4)2
Avg Revenue beat(4)-0.22%
Min Revenue beat(4)-3.71%
Max Revenue beat(4)2.81%
Revenue beat(8)3
Avg Revenue beat(8)-1.52%
Revenue beat(12)3
Avg Revenue beat(12)-1.89%
Revenue beat(16)4
Avg Revenue beat(16)-1.66%
PT rev (1m)2.3%
PT rev (3m)7.17%
EPS NQ rev (1m)0.14%
EPS NQ rev (3m)2.36%
EPS NY rev (1m)0.25%
EPS NY rev (3m)3.16%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.13%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.54 | ||
| Fwd PE | 28.82 | ||
| P/S | 1.22 | ||
| P/FCF | 30.04 | ||
| P/OCF | 16.93 | ||
| P/B | 5.5 | ||
| P/tB | 8.36 | ||
| EV/EBITDA | 17.08 |
EPS(TTM)15.58
EY2.89%
EPS(NY)18.67
Fwd EY3.47%
FCF(TTM)17.92
FCFY3.33%
OCF(TTM)31.79
OCFY5.91%
SpS441.37
BVpS97.92
TBVpS64.41
PEG (NY)2.37
PEG (5Y)2.22
Graham Number185.27
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.95% | ||
| ROE | 15.98% | ||
| ROCE | 12% | ||
| ROIC | 9.19% | ||
| ROICexc | 9.81% | ||
| ROICexgc | 12.02% | ||
| OM | 5.29% | ||
| PM (TTM) | 3.54% | ||
| GM | 23.82% | ||
| FCFM | 4.06% |
ROA(3y)7.36%
ROA(5y)7.06%
ROE(3y)16.34%
ROE(5y)16.08%
ROIC(3y)9.59%
ROIC(5y)9.24%
ROICexc(3y)10.13%
ROICexc(5y)9.8%
ROICexgc(3y)12.06%
ROICexgc(5y)11.37%
ROCE(3y)12.52%
ROCE(5y)12.06%
ROICexgc growth 3Y4.56%
ROICexgc growth 5Y1.14%
ROICexc growth 3Y2.77%
ROICexc growth 5Y-2.09%
OM growth 3Y10.42%
OM growth 5Y3.74%
PM growth 3Y9.31%
PM growth 5Y3.57%
GM growth 3Y3.34%
GM growth 5Y0.14%
F-Score6
Asset Turnover1.96
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 3.71 | ||
| Debt/EBITDA | 1.85 | ||
| Cap/Depr | 123.32% | ||
| Cap/Sales | 3.14% | ||
| Interest Coverage | 8.54 | ||
| Cash Conversion | 91.91% | ||
| Profit Quality | 114.53% | ||
| Current Ratio | 1.03 | ||
| Quick Ratio | 0.61 | ||
| Altman-Z | 5.45 |
F-Score6
WACC8.23%
ROIC/WACC1.12
Cap/Depr(3y)142.29%
Cap/Depr(5y)140.17%
Cap/Sales(3y)3.28%
Cap/Sales(5y)3.49%
Profit Quality(3y)90.52%
Profit Quality(5y)104.68%
High Growth Momentum
Growth
EPS 1Y (TTM)13.39%
EPS 3Y17.22%
EPS 5Y15.57%
EPS Q2Q%19.46%
EPS Next Y14.55%
EPS Next 2Y12.93%
EPS Next 3Y13.42%
EPS Next 5Y15.13%
Revenue 1Y (TTM)8.74%
Revenue growth 3Y7.16%
Revenue growth 5Y11.68%
Sales Q2Q%11.45%
Revenue Next Year9.34%
Revenue Next 2Y7.66%
Revenue Next 3Y6.57%
Revenue Next 5Y4.72%
EBIT growth 1Y17.92%
EBIT growth 3Y18.33%
EBIT growth 5Y15.86%
EBIT Next Year77.72%
EBIT Next 3Y28.73%
EBIT Next 5Y19.13%
FCF growth 1Y79.33%
FCF growth 3Y8.15%
FCF growth 5Y55.02%
OCF growth 1Y41.56%
OCF growth 3Y11.42%
OCF growth 5Y16.69%
CASEY'S GENERAL STORES INC / CASY FAQ
What is the fundamental rating for CASY stock?
ChartMill assigns a fundamental rating of 5 / 10 to CASY.
What is the valuation status for CASY stock?
ChartMill assigns a valuation rating of 2 / 10 to CASEY'S GENERAL STORES INC (CASY). This can be considered as Overvalued.
What is the profitability of CASY stock?
CASEY'S GENERAL STORES INC (CASY) has a profitability rating of 7 / 10.
Can you provide the PE and PB ratios for CASY stock?
The Price/Earnings (PE) ratio for CASEY'S GENERAL STORES INC (CASY) is 34.54 and the Price/Book (PB) ratio is 5.5.
Is the dividend of CASEY'S GENERAL STORES INC sustainable?
The dividend rating of CASEY'S GENERAL STORES INC (CASY) is 6 / 10 and the dividend payout ratio is 12.95%.